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Fannie and Freddie are NOW going to require for 12 month seasoning to do a cash out refinance for even owner occupied properties starting in early 2023. I would NOT be shocked if other portfolio or NON-QM options fol...
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I am toying with the idea of becoming a licensed home inspector at some point as a way to supplement/enhance my primary interest in fix and flipping. Is anyone doing this, and if so, has it been worth it? Any pote...
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Hello BP members!What would you do if you were in my shoes?We wanted to purchase a duplex and do the house hacking idea but what if we bought a duplex and rented somewhere else?By us renting another apartment we could...
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Just found out that Santander is closing a branch I own with a couple of years remaining on their NNN lease. Anyone have experience with similar situation? With they continue to pay through the end of the lease? Will ...
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TL;DR: A cash-out refinance will make my original property negative cash flow of $250, but my use of that cash (either in the "holding" investment or the eventual STR property to put a down payment on) should more tha...
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Hi All,I have a quick question I was hoping someone might be able to shed some light on. I currently have a SFH with about 30% equity and a duplex that I bought with 4% down and live in. I plan to buy more multi-units...
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I just bought REO property as my own residence and renovated it inside out(which is almost done).Now I am planning on my next investment but I have trouble deciding path for finance.On one end I can get an HELOC on my...
My family and I are planning on moving to Florida within the next 18 months. We currently own our home, and upon the sale, will have about $200K in cash. We are looking at a townhome to purchase, but my wife is leanin...
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Hi everyone, I am closing on a property near the Asheville market that I intend to use for vacations but also STR via airbb/vrbo. I am looking for insurance to adequately cover my liability as a potential STR as this ...
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Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...